1. Consider an index made up of three stocks, A, B, and C. During the course of a year, Stock A increased in value from $20 to $26 per share. Stock B decreased from $50 to $48, and Stock C decreased from $180 to $176 per share. The shares outstanding remained constant throughout the year at 30K, 18K, and 45K for Stocks A, B, and C, respectively. Given this, if the index is price-weighted, what was the index return during the year?
   1. 0.00%
   2. -0.38%
   3. 7.93%
   4. 9.39%